Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.030%
Price spread now: OKX against gTrade (Gains Network)+0.018%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ALGO/USD0.1093L −0.0001% / S +0.0003%get 0.0000% / 1h24m 43s$16K150x
ShortOKX ALGO-USDT-SWAP0.10930.0100get 0.0100% / 8h2h 24m$2.7M$7.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.19
Price spread: +0.018% → 0.000%
$1.83
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$3.02
Costs to cover
0.200%
Break-even
6.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell OKX live order book, 3 min ago0.92 bp17.7 bp −$1843.2 bp −$432doesn't fitdoesn't fit
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ALGO on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.0024%1h0.10930.000%$86K$44K25xas long as short
gTrade (Gains Network) ALGO/USDlongL −0.0001% / S +0.0003%1h0.1093long leg$16K150x
Injective ALGO/USDC PERP+0.0033%1h0.1120+2.508%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1092−0.037%$3.4M$2.3M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1091−0.101%$43K$37K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1092−0.042%$9.3M$35.0M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1092−0.092%$10.9M$12.7M75xas long as short
OKX ALGO-USDT-SWAPshort+0.0100%8h0.1093+0.018%$2.7M$7.8M50x
Gate ALGO_USDT+0.0100%8h0.1090−0.220%$833K$927K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1092−0.046%$22.6M$3.2M200xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ALGOUSDTM+0.0100%8h0.1091−0.165%$3.4M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1092−0.055%$5.4M$3.6M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1092−0.064%$3.3Mas long as short
Variational Omni ALGO+0.0100%8h0.1088−0.419%$60K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.10930.000%$59K$136K75xas long as short
Extended ALGO-USD+0.0104%1h0.1091−0.172%$7K$196K10xas long as short
Kraken Futures PF_ALGOUSD+0.0113%1h0.1092−0.019%$821K$1.1M50xas long as short
Coinbase International ALGO-PERP-INTX+0.0144%1h0.1093+0.018%$62K$289K50xas long as short
Phemex ALGOUSDT+0.0150%8h0.1095+0.220%$3.7M$1.8M50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1091−0.183%$469K$867K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0317% / S −0.0264%1h0.1093+0.029%$6K100xas long as short
dYdX ALGO-USD+0.1597%1h0.1092−0.050%$157K$5K5xas long as short